The Competition Commission has approved the transaction whereby Harith General Partners has acquired a 46% stake in Mergence Investment Managers. The deal will allow a shared focus on strategic infrastructure investments to stimulate African economic growth, and positions the merged entity as a formidable diversified black-owned financial services player.
Worth a weighting to Gold?
“In truth, the gold standard is already a barbarous relic.” -John Maynard Keynes, A Tract on Monetary Reform, 1923 “Gold